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The Plus Ultra case focuses on the company's management and Zapatero

The investigation into the bailout of airline Plus Ultra is focusing on former Spanish Prime Minister José Luis Rodríguez Zapatero, businessman Julio Martínez Martínez, and the company's management. The prosecution considers it necessary to question the directors of Plus Ultra after they stated in writing facts that contradict the former PSOE leader's version of events. El Pais ↗

Before judge José Luis Calama, Martínez Martínez accused Zapatero of participating in the bailout of Plus Ultra, though according to the available account, he did not specify with whom the former prime minister was supposed to have brokered his actions. At the same time, he linked him to an alleged attempt to conceal a one-percent commission on the company's bailout by splitting it into multiple payments. The file also mentions his role at the firm Análisis Relevante. El Mundo ↗

Judge Calama is also set to open a more detailed examination of Zapatero's daughters. He considers it implausible that they received 5,000 euros a month for years for the graphic design of the company's reports, a channel through which Zapatero was allegedly meant to collect payment for his activities. El Mundo ↗

Another point in the case is a communication from February 26, 2021. Zapatero is said to have informed Martínez that day about the unblocking of the process, on the same day Sepi received the final Deloitte opinion needed to approve the 53-million-euro injection for the airline. The case is thus moving toward a broader examination of the financial flows, the role of Plus Ultra's management, and the possible influence of the former prime minister on the decision-making around state aid. El Pais ↗

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Economy & Business 👤 josém luis calama 👤 julia martíneza martíneza 👤 martínez martínez 👤 zapatera 🏢 análisis relevante 🏢 deloitte 🏢 plus ultra
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